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{
  "authors": [
    "Carole Nakhle"
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    "Carnegie Endowment for International Peace",
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Source: Getty

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Malcolm H. Kerr Carnegie Middle East Center

The Oil Price Crash, Fiscal Policy, and Contract Renegotiations

The ongoing slack in oil has exerted pressure and shed light on many producer countries, which struggle to attract investment and fight to secure favorable contract terms.

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By Carole Nakhle
Published on Aug 19, 2015
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The Middle East Program in Washington combines in-depth regional knowledge with incisive comparative analysis to provide deeply informed recommendations. With expertise in the Gulf, North Africa, Iran, and Israel/Palestine, we examine crosscutting themes of political, economic, and social change in both English and Arabic.

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Carnegie Oil Initiative

The Carnegie Oil Initiative analyzed global oils, assessing their differences from climate, environmental, economic, and geopolitical perspectives. This knowledge provides strategic guidance and policy frameworks for decision making.

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Source: Natural Resource Governance Institute

The ongoing slack in oil has exerted pressure and shed light on many producer countries, which struggle to attract investment and fight to secure favorable contract terms. Dr. Carole Nakhle, founder of advisory firm Crystol Energy and nonresident scholar at Carnegie Middle East Center, spoke with Thomas Lassourd at the Natural Resource Governance Institute’s annual conference in June about Algeria, Iran, Iraq, Egypt, and other countries, and the contractual and fiscal issues they face as commodity prices remain depressed.

This interview was originally published by the Natural Resource Governance Institute.

About the Author

Carole Nakhle

Former Nonresident Scholar, Middle East Center

Nakhle was a nonresident scholar at Carnegie Middle East Center, specializing in international petroleum contracts and fiscal regimes for the oil and gas industry, world oil and gas market developments, energy policy, and oil and gas revenue management.

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Former Nonresident Scholar, Middle East Center
Carole Nakhle
EconomyClimate ChangeEgyptGulfMaghrebIranIraqAlgeriaMiddle EastNorth Africa

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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